A Life Cycle for Clusters? The Dynamics of Agglomeration, Change, and Adaption

The phenomenon of non-random spatial concentrations of firms in one or few related sectors (clusters) is intensively debated in economic theory and policy. The euphoria about successful clusters however neglects that historically, many thriving clusters did deteriorate into old industrial areas. Thi...

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Bibliographic Details
Main Author: Press, Kerstin
Format: eBook
Language:English
Published: Heidelberg Physica 2006, 2006
Edition:1st ed. 2006
Series:Contributions to Economics
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
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300 |a XIV, 245 p. 40 illus  |b online resource 
505 0 |a The rationale for studying cluster dynamics -- Introduction: Clusters, change and adaptation -- Literature review — The benefits of co-location -- Stability and change: Driving cluster development -- The nature of the beast — On the notion of agglomeration externalities -- Towards a complexity perspective on clusters -- Clusters, change and adaptation: Sticky places in slippery space? -- Modelling adaptation in clusters — The promise of complexity theory -- Model development — Clusters as complex adaptive systems -- Micromotives and macrobehaviour — Dynamics of N/K systems -- Clusters as co-evolving N/K systems -- Division of labour, co-ordination and cluster adaptation -- Clusters, change and adaptation — Simulation results -- Model contribution, limitation and avenues for future research 
653 |a Complex Systems 
653 |a Regional and Spatial Economics 
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653 |a Industrial organization 
653 |a Economic geography 
653 |a Economic Geography 
653 |a System theory 
653 |a Regional economics 
653 |a Quantitative Economics 
653 |a Mathematical physics 
653 |a Econometrics 
653 |a Theoretical, Mathematical and Computational Physics 
653 |a Industrial Organization 
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520 |a The phenomenon of non-random spatial concentrations of firms in one or few related sectors (clusters) is intensively debated in economic theory and policy. The euphoria about successful clusters however neglects that historically, many thriving clusters did deteriorate into old industrial areas. This book studies the determinants of cluster survival by analyzing their adaptability to change in the economic environment. Linking theoretic knowledge with empirical observations, a simulation model (based in the N/K method) is developed, which explains when and why the cluster's architecture assists or hampers adaptability. It is found that architectures with intermediate degrees of division of labour and more collective governance forms foster adaptability. Cluster development is thus path dependent as architectures having evolved over time impact on the likelihood of future survival